Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
5 permits on record since 2009 · $2.1M total declared value · Most recent: Dec 2024 (roofwind)
Kingfisher Construction
Erickson Plumbing Heating Cooling Inc
Erickson Plumbing Heating Cooling Inc
FRERICHS CONSTRUCTION CO
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Steven's Square - Loring Heights · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1056
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
Urban Neighborhood 3 — medium-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on 3-story wood frame (5–12 units) benchmarks for 5,415 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1727 LASALLE AVE MINNEAPOLIS MN 55403 | NICO II APTS PARTNERSHIP LLC | APARTMENT | $2,775,000 | 54 ft |
| 1809 LASALLE AVE MINNEAPOLIS MN 55403 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 55 ft |
| 1811 LASALLE AVE MINNEAPOLIS MN 55403 | TARVISIUM INVEST LLC ET AL | LAND-COMMERCIAL | $159,400 | 109 ft |
| 1815 LASALLE AVE MINNEAPOLIS MN 55403 | TARVISIUM INVEST LLC ET AL | LAND-COMMERCIAL | $174,400 | 166 ft |
| 1728 NICOLLET AVE MINNEAPOLIS MN 55403 | NICO II APTS PARTNERSHIP LLC | APARTMENT | $9,250,000 | 168 ft |
| 1804 NICOLLET AVE MINNEAPOLIS MN 55403 | TARVISIUM INVEST LLC ET AL | COMMERCIAL-PREFERRED | $2,656,000 | 184 ft |
| 1724 NICOLLET AVE MINNEAPOLIS MN 55403 | NICO II APTS PARTNERSHIP LLC | APARTMENT | $6,475,000 | 194 ft |
| 1800 LASALLE AVE MINNEAPOLIS MN 55403 | KLJD INVESTMENTS LLC | CONDOMINIUM | $94,000 | 194 ft |
| 1800 LASALLE AVE MINNEAPOLIS MN 55403 | DANIEL B OSTERN | CONDOMINIUM | $94,100 | 194 ft |
| 1800 LASALLE AVE MINNEAPOLIS MN 55403 | JERRY WILLIAMS | CONDOMINIUM | $92,000 | 194 ft |
Most Recent Sale
Current Tax Year